Bills
| 3.23.22

Alternative Investment Options for Social Security Surpluses (H.R. 1520)

Do you support or oppose this bill?

What is H.R. 1520?

(Updated September 25, 2020)

This bill would safeguard the Social Security and Medicare Part A Trust Funds, prohibiting congresspersons from using those funds for unrelated purposes. The bill would also establish a 9-person commission to determine alternative forms of investment for the surplus funds.

Argument in favor

Social Security is approaching fiscal exhaustion; new options must be sought.

Argument opposed

Investing Social Security funds in Wall Street is a risky proposition at best.

Impact

The bill impacts Social Security, and those who receive it, or plan to.

Cost of H.R. 1520

A CBO estimate is currently unavailable.

Additional Info

Of Note:


-Roughly 84 million people are on track to use Social Security by 2030.